Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Suppose there are two kinds of people in society who are equally represented —those with 20% chance of developing diabetes next year, and those with 2% chance of developing diabetes next year. Individuals know their own risks but the insurers cannot discern this information (so they can’t charge different prices to different people). Purchasing health insurance is voluntary in this society. Diabetes costs $12,000 to treat. If you are an insurer who will offer a full coverage policy (i.e. you will pay $12,000 on behalf of your customer if diabetes happens), what should you set as your premium, and why?
Please explain the difficulty you face as an insurer in figuring out the optimal premiums to charge in this situation.
You have been presented with the following cost data and asked to fit a statistical cost function. Fit three possible statistical cost functions to the data. Use straight-line, quadratic, and cubic formulas.
Calculate GDP loss if equilibrium level of GDP is $10,000, unemployment rate 8.8%, and the MPC is 0.75. How much money should the government spend to eliminate this GDP loss? List three reasons why the aggregate demand curve is negatively sloped (dow..
Suppose the legislature enacts minimum wage legislation in order to provide workers with a "living wage.
q1. assume the two rival office supply companies office depot and staples both adopt cost matching policies. if
While the population variances are unknown, we will assume they are equal.
How has globalization influenced recent U.S. foreign policy? Do you think the American response to globalization has had a positive or negative effect on foreign relations?
Imagine that a foreign country’s movie industry has been traditionally protected by a quota system. With this system, movie theaters have to show domestically-made movies on at least a certain percentage of screens. It is designed to keep out a flood..
It can be really hard to engage this kind of thinking because it requires risks that aren't even known or knowable, but it's these very risks that reap the biggest rewards. So, as a leader how might you evaluate an option like this? What would it tak..
Inflation is forecasted to remain consistent with its target over the next 1-2 years. Inflation arises when:
What are the roles of money? Explain in your own words what each of these roles mean. Which of the roles do the following items satisfy? a. A credit card b. A painting by Rembrandt c. A subway token
Compute the expected value, the expected return, the variance and the standard deviation of an asset that requires a $1000 investment, but will return $850 half of the time and $1,250 the other half of the time.
Arian is about to borrow $2,000 from his uncle. He has an option to repay the loan at the end of year 4 with 5.43% simple interest per year or with 8.99% interest per year, compounded every 5 months. What is the difference of the total interest paid ..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd